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Feb 19, 2013
02/13
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if we don't resolve some of the debt ceiling and some of spending cuts and get into some of the fiscal order that you were talking about, we are going to have that wait on us. and even though you proposed a lot of hope with japan in terms of some of the political leadership, they are still at negative growth was 7%. so now you're up to 50% or so of world gdp that is a drag on the economy. how do you look at the broadest sense of contagion as it relates to emerging market growth, developing country growth with 50% of world gdp possibly in a situation? >> i think the trade figures tell it all. whether you agree with the figure on growth or not. i think the trade figures show what's happening. and there's no doubt picking one of the countries you mentioned, china. i mean, china for the last 20 years has been double-digit growth. last year they had one of the worst years in recent memory. we'll see the final figures coming out. it didn't get below 7%. but when you move from double-digit down to seven something percent, and one of the major drivers of that was their largest export market is
if we don't resolve some of the debt ceiling and some of spending cuts and get into some of the fiscal order that you were talking about, we are going to have that wait on us. and even though you proposed a lot of hope with japan in terms of some of the political leadership, they are still at negative growth was 7%. so now you're up to 50% or so of world gdp that is a drag on the economy. how do you look at the broadest sense of contagion as it relates to emerging market growth, developing...
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Feb 18, 2013
02/13
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KTVU
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ceiling and the fiscal cliff usually we put it off but this is one i think that will cause tremendous damage and the -- >> $85 billion. >> with the congress gone for a week when do they have time to negotiate. >> $85 billion in a $3.5 trillion budget. >> and -- >> it will hurt the economy. >> if you lose your job i think it hurts you, don't you think. >> fundamentally, the debt we have at the moment is the bigger problem for the economy and job creation. the president -- >> chris: let me bring karl in here. one, to talk about the sequester and also, in a bigger sense, look at the president's state of the union speech and agenda he laid out and what does it tell us what he wants to do in his second term. >> spend a lot of money and pursue a lot of liberal social policies and also says he's out of touch with the reality of where the country is, the democrats spent the last week going around and saying we don't have a spending problem and on the fox poll 83% of the american people say we have a spending problem, i agree with kim, $85 billion cut is a 2.4% cut, roughly out of this year's
ceiling and the fiscal cliff usually we put it off but this is one i think that will cause tremendous damage and the -- >> $85 billion. >> with the congress gone for a week when do they have time to negotiate. >> $85 billion in a $3.5 trillion budget. >> and -- >> it will hurt the economy. >> if you lose your job i think it hurts you, don't you think. >> fundamentally, the debt we have at the moment is the bigger problem for the economy and job...
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167
Feb 20, 2013
02/13
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CNBC
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ceiling crisis. i think it will be more of the same. like muddle through without that, you know, cathartic relief from all the fiscal uncertainty. but neither a catastrophe. >> all right. and stocks continue to run on monetary fumes as greg said. greg, thank you again for your time. great to see you this morning. >> all right. thanks, kelly. >>> the major news event in europe, the italian elections on sunday. italy's caretaker prime minister mario monty has come out swinging again the former premier, silvio berlusconi, saying he didn't maintain promises made in the past and that the new governor could govern well. this as the foul mouthed comedian/politician whipped a route into a frenzy into a rally in milan:we have more. >> reporter: supporters of the five-star movement out in force. some estimates suggest up to 100,000 people gathered in the square to hear him speak. he was treated like a rock star by the supporters that surrounded him as he left his camper van, the tsunami tour is what he's alleg
ceiling crisis. i think it will be more of the same. like muddle through without that, you know, cathartic relief from all the fiscal uncertainty. but neither a catastrophe. >> all right. and stocks continue to run on monetary fumes as greg said. greg, thank you again for your time. great to see you this morning. >> all right. thanks, kelly. >>> the major news event in europe, the italian elections on sunday. italy's caretaker prime minister mario monty has come out...
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Feb 22, 2013
02/13
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MSNBC
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having put off the debt ceiling, the republicans really feel like this is something they have to stand their ground on. >> chris, karl rove superpac has an ad out of bom's mess. let me play it and get your reaction to this. >> a bad idea. are you willing to see a bunch of first responders lose their job. teachers laid off. air traffic controllers and airport security. this is hardship on a lot of people. scene zone yours. middle class families. scramble to find -- >> is this ad effective? you can take out the cut-out of the president and put in speaker boehner. he said he would like not to have the sequester come down. >> after that ad, i know why the group was so effective in the last election. >> that was an easy one. it's pretty janky but they're trying to say it's obama's mess and does it instead put the spotlight on the divide within the republican party? those things the president is saying is exactly what speaker boehner has said. >> i think the problem is if you're trying to shift blame to the president right now given the president's level of popularity, the message of the whi
having put off the debt ceiling, the republicans really feel like this is something they have to stand their ground on. >> chris, karl rove superpac has an ad out of bom's mess. let me play it and get your reaction to this. >> a bad idea. are you willing to see a bunch of first responders lose their job. teachers laid off. air traffic controllers and airport security. this is hardship on a lot of people. scene zone yours. middle class families. scramble to find -- >> is this...
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Feb 20, 2013
02/13
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CSPAN
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i mean, even when we were dealing with the debt ceiling and the fiscal cliff, there was a lot more activity coming out of this white house. >> there is a great deal of activity in this white house regarding the sequester, and there will continue to be. you saw the president yesterday urged congress to take the necessary actions to avoid these across the board in the scrimmaged -- in discriminatory cut that would do harm to our national security and cost jobs. these are men and women patrolling our borders. teachers, first responders. these are real people whose futures hang in the balance depending on a decision that republicans in congress will or will not make. secondly, besides the cbo, they estimate that the sequester, if it takes place in 2013, it will reduce growth 5.6% during 2013. we have already seen impacts from the sequestered. analysts made it clear back in january. it was in large part because the defense sector had anticipation of the sequestered driving down defense spending. we will see only more of that happen if a sequester kicks in. the cbo number on gdp growth is mirrore
i mean, even when we were dealing with the debt ceiling and the fiscal cliff, there was a lot more activity coming out of this white house. >> there is a great deal of activity in this white house regarding the sequester, and there will continue to be. you saw the president yesterday urged congress to take the necessary actions to avoid these across the board in the scrimmaged -- in discriminatory cut that would do harm to our national security and cost jobs. these are men and women...
202
202
Feb 20, 2013
02/13
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KGO
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eye 202
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we had the fiscal cliff, now we have this, we have the debt ceiling deadline in may. there's no dramatic substantive action. it's just one little baby step or kick it down the road and here we are again. and they're playing with people's jobs, money, taxes, livelihoods. our government just seems so dysfunctional and broken and gridlocked. >> and then things like this happen and we go until the 11th hour and oh, a solution but it's not really a solution because we've only done half of the work we should have done. in three months we'll talk about it again and we go through this all over again. just talking about we want to blame both sides and we want to say everybody is responsible. but president obama was up there with the first responders, and some people are questioning whether or not that was a manufactured setup and a scenario where he was like, i'm with these guys, you're the ones that are not able to let this happen and you're going to affect them. but was that necessary is the question? >> all politicians like their backdrops and to put a human face on the iss
we had the fiscal cliff, now we have this, we have the debt ceiling deadline in may. there's no dramatic substantive action. it's just one little baby step or kick it down the road and here we are again. and they're playing with people's jobs, money, taxes, livelihoods. our government just seems so dysfunctional and broken and gridlocked. >> and then things like this happen and we go until the 11th hour and oh, a solution but it's not really a solution because we've only done half of the...